S&P 500 E-mini Futures 2nd December 2019

Trend continues higher, as part of the 4 year cycle from the lows in  2016.

However, I think an ideal exit zone is 3169.

Potential Short positions in December for a retrace to the 2020 Primary 50% level, but only after a 5-day low break out if it hits 3169  (Previous Report)

S&P Primary & Weekly Cycles

The E-mini is about to hit 3169 and with the potential to reverse back down. 

 However, like it did in December 2018, it can continue higher into the following PRIMARY highs before it reverses down.

Look for 5-day patterns for Shorting opportunties, but there's still a view that it's going to go higher in 2020

S&P 500 E-mini Futures Monthly Report 3rd November 2019

S&P 500 Primary & Weekly Cycles

Trend continues higher, as part of the 4 year cycle from the lows in  2016.

However, I think an ideal exit zone is 3169.

Potential Short positions in December for a retrace to the 2020 Primary 50% level, but only after a 5-day low break out if it hits 3169

S&P 500 E-mini Futures 5th October 2019

S&P 500 Primary & Weekly Cycles

I still think the S&P 500 will continue higher into 2020 to around 3168.90

However, it might move down into the 2776.92 before it goes higher.

Trade on the side of the October 50% level @ 2930

S&P 500 E-mini Futures 1st September 2019 Report

S&P 500 Primary & Weekly Cycles

KEEP AN EYE ON AUSTRALIAN FUTURES AROUND 6775 THAT MAY CORRESPOND WITH THE JULY HIGHS IN THE S&P 500

THERE MAY BE TOPS IN THE MARKET AROUND THESE HIGHS.

S&P 500 tops out when the Australian Market reached 6775.

There's still an expectation that US markets will go higher into 2020, but it's  not as clear compared to the Australian Market.

The big difference is the price action around the Yearly highs. Whilst the Aussie market is above the highs and being supported, the US martkets are not.

That could change with the start of September being above the 50% level,

Trend Guide is - 2894-2912  (SEPT 50% & Yearly highs)

Support levels @ 2743

S&P 500 Emini Futures 5th August 2019

S&P 500 E-mini Primary & Weekly Cycles

KEEP AN EYE ON AUSTRALIAN FUTURES AROUND 6775 THAT MAY CORRESPOND WITH THE JULY HIGHS IN THE S&P 500

THERE MAY BE TOPS IN THE MARKET AROUND THESE HIGHS.

LOOK FOR SHORT-TERM 5-DAY SET-UPS TO VERIFY TRADES ON THE DOWNSIDE (IT'S ALL IN THE BOOK) previous report

We've seen resistance around the July highs and then a 5-day low breakout, that corresponded with a breakout of the Weekly lows and now down into the August 50% level.

Random support around 2888

SUPPORT 2747

S&P 500 E-MINI FUTURES MONTHLY REPORT 30TH JUNE 2019

S&P 500 PRIMARY & WEEKLY CYCLES

I STILL CONTINUE TO BE BULLISH ON US MARKETS UNTIL 2020.

THE WEEKLY LOWS AND JULY 50% LEVELS ARE SUPPORT, IF THERE'S EARLY WEAKNESS NEXT WEEK, FOR ANOTHER PUSH HIGHER

HOWEVER...

KEEP AN EYE ON AUSTRALIAN FUTURES AROUND 6775 THAT MAY CORRESPOND WITH THE JULY HIGHS IN THE S&P 500

THERE MAY BE TOPS IN THE MARKET AROUND THESE HIGHS.

LOOK FOR SHORT-TERM 5-DAY SET-UPS TO VERIFY TRADES ON THE DOWNSIDE (IT'S ALL IN THE BOOK)

DOWNSIDE TARGET IS WEEKLY LOWS AND THEN, AS FAR AS SUPPORT LEVELS AT 2798-2767

S&P 500 E-mini Futures 9th JUNE 2019 Monthly report

S&P 500 Primary & Weekly Cycles

We saw weakness hit US markets in MAY, with a breakout of the MONthly & Weekly lows, but it didn't hit the JUNE lows (BUY ZONE) early last week to catpure the next move upwards.

NEXT WEEK

Random resistance around the Weekly highs, with Support around the JUNE 50% level.

I'm still bullish on US markets until 2020, so we're now interested in the JULY levels in the forward month for trailing Support

S&P 500 E-mini Futures 28th April 2019 Monthly report

S&P Primary & Weekly Cycles

More than likely this trend is going to push higher at the start of April

If the market reaches 2965 then I would like to think that the Markets will go into their Month of MAY weak periods, which will hopefully retest the Yearly 50% level or Blue Channel lows, which will be higher in MAY.

This will provide the ideal set-up for another move to the 2020 highs. (previous Report)

In the previous report I mentioned 2965, however I think it's going to reach as high as 2987-3016 on this run

Coming into MAY, which often sees selling hit the market, the downside 1st  target is the monthly level @2896

if it breaks this, then it's 2723 

S&P 500 E-mini Futures 1st April 2019 Monthly Report

S&P 500 E-mini Futures

S&P 500 looks to be moving towards the 2019 highs (2912) and as high as 2965 (resistance) (double top)

Monthly & Weekly low support in March and more than likely this trend is going to push higher at the start of April.

If the market reaches 2965 then I would like to think that the Markets will go into their Month of MAY weak periods, which will hopefully retest the Yearly 50% level or Blue Channel lows, which will be higher in MAY.

This will provide the ideal set-up for another move to the 2020 highs.

S&P 500 E-mini futures 3rd March 2019

S&P 500 Primary & Weekly cycles

Trend is going up into 2020-21

Short-term the trend is moving to the 2019 highs @ 2912

However, there could some short-term resistance around the Weekly highs and a revisit into the March /April 50% level before the market hits those 2019 highs in MAY

S&P 500 Emini Futures 4th February 2019 Report

S&P 500 Primary & Weekly Cycles

Too much economic good news coming out of the US  has seen the S&P 500 move higher along with  the Fed ceasing to raise interest rates, which started the initial sell off.

 Sadly, it didn't follow the 2nd wave pattern down into the 2019 lows for the best LONG set-up.

Weekly lows and 2019 50% level is seen as support, but it might move into a sideways pattern until late March before heading higher.

I've been Bullish on the stock market since 2016 lows for a move up to 2020-21, it's just trying to time the entry with Support.

I would be extremely surprised to see selliing hit the market otherthan short term down moves.

S&P 500 E-mini Futures 6th January 2019 Monthly Report

S&P 500 Primary & Weekly Cycles

As I mentioned previously, there's a ton of good economic news coming out of the US, and last week's job numbers blew it out of the park.

 Manfucturing numbers are up, ecomonmy still strong, and the only thing that seems to spook the markets is, when the FED raises rates.

However, the Charts tell a different story. It's currently in a BEAR Cycle (below Yearly 50% level) with the expectation that the 2019 50% level @ 2956.50 will form resistance and price follows the BREAK & EXTEND pattern in the monthly cycles to 2295.

As we can see, the 2018 lows supported the Market in December and the 2019 @ 2295 lows might do the exact same in the first Quarter (double yearly low), which is a very similar pattern as in 2016.

This is theory should complete the Bear Cycle, as it's not a Crash.

If there is a Crash, the trend will go looking of the 100% range, which is 1962.50.

At this stage, I can't see this happening, unless it's trading below 2295 on bad economic news.